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China would import more crude oil from North America in May and June

On May 25th, it’s sourced from the market that in April China imported a record high of crude oil 905,070 mt or 217,820 barrels per day from North America, and the imports in May and June

May 27, 2017

China gasoline export slid by processing trade but rose by ordinary trade in April

In April, China gasoline exports rose by 8.9% on a monthly basis to 910,700 mt, up by 28.65% on a yearly basis and in January-April the total exports went up by 32.5% YoY to 3,407,200 mt.

May 27, 2017

PetroChina will invest US$2 bln in an oil and gas block in Peru

Chinese state-owned oil group China National Petroleum Corporation (CNPC) plans to invest US$2bn in the development of the Block 58, an oil and gas block in the Cusco region of Peru.

May 27, 2017

Shandong teapots oil market kept sluggish

In late May, international crude oil futures rose to $51-54/bbl, and JLC data showed by May 25th, the tenth working day, the referenced crude oil change rate was 3.95%

May 27, 2017

LPG import volume in April rose; the export volume fell

China imported 1.3016 million mt LPG totally in April, up by 8.28% from March because tight LPG spot in international market was eased. However, due to delayed clearance in some terminals, a

May 26, 2017

Reforming units boost hits the imported mixed aromatics and MTBE

Since 2016 as the National V Standard was launched, the reforming units are attracting more and more attentions. In 2017, the reforming units are gradually becoming the market highlights aft

May 26, 2017

The large stock status relieved slightly in Shandong ports

According to the data of JLC,the crude oil and fuel oil commercial inventory in Shandong ports both inched down in this week. The total inventory of Qingdao port, Longkou port, Laizhou port,

May 26, 2017

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